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Tag: boost

Closing gender gap could boost global GDP by $2 trillion, Citi says

Damircudic | E+ | Getty ImagesWomen receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup.Female-founded companies received only 2.1% of venture capital dollars invested in 2021 in...

Major retailers boost Black female entrepreneurship as employment gap lingers

Ulta Beauty has doubled the number of Black-owned brands that it carries.Ulta BeautyMajor beauty retailers are boosting small, minority-owned businesses as Black female entrepreneurship helps bridge an employment gap.As of last year, 17% of Black women in the U.S. were in the process...